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The People’s Bank of China has cut interest rates again in an attempt to stimulate economic growth. Today’s move marks the sixth time the Chinese central bank has reduced interest rates since November 2014. Effective from Saturday, the country’s benchmark one-year lending rate will be cut by 0.25 percentage points to 4.35 per cent, from 4.6 […]

Premier Asset Management director of multi-asset funds David Hambidge has boosted exposure to UK and Asian equities despite the recent turmoil in China. Hambidge, who has managed the £686m Multi-Asset Distribution fund since 1999, says recent stockmarket falls are “long over-due” and the way he positioned his fund was “waiting for a correction”. Hambidge and his multi-asset […]

The Chinese government intervention in stockmarket activity over the past months has been “disappointing”, says Fidelity China Special Situations manager Dale Nicholls, but he continues to see China as a long-term bet. The fund manager of the £1.1bn investment trust, who has been focusing on China and Asia Pacific for more than 20 years, says government […]

From the market peak in April to the beginning of August, developed world equities traded broadly sideways to slightly downwards, while their Asian and emerging market peers fell relatively consistently in sterling terms. China’s decision to devalue its currency exacerbated this trend, with the contagion finally spilling over into the developed world, resulting in significant […]

By Rob Burnett, Head of European Equities In recent weeks equities have been buffeted by two shocks occurring at the same time: China’s devaluation of the renminbi and the prospect of the US Federal Reserve (Fed) raising interest rates. The market is not comfortable with the Fed raising rates at the same time that China […]

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Technology provider Moneyhub will now use Intelliflo’s application programming interface for its advisers. Integration onto the API will allow for advisers to access real-time information of client’s managed pensions and investments. Advisers will also be able to link investments they manage and see clients’ spending and savings patterns. The Big Interview: Moneyhub chief executive on […]

The past few years have seen a rapid rise in the number of fund managers linking with risk profilers to launch new ranges. Determining risk is a central part of the advice process. But risk-profiling tools have been subject to criticism over the wildly different asset allocations they produce and their lack of consistency when […]

AJ Bell is expanding its passive range to target a higher expected return for investors with a new global growth fund. AJ Bell launched its first range of own-brand funds last year with five risk-targeted multi-asset passive funds. The platform and Sipp provider said it has launched the Passive Global Growth fund in response to […]